The Labor Department will release the

employment report for September at 8:30 a.m. EDT Friday morning, but whether the numbers will be as bad as some experts fear is a matter of debate.

On Thursday, TheStreet.com examined the possibility that the full extent of the job losses since the Sept. 11 terrorist attacks in New York and Washington might not be reflected in last month's figures.

Economists expect that the nation's unemployment rate rose to 5% in September from 4.9% in August, while, according to the consensus estimate, payrolls declined by 109,000.